Global index provider FTSE Russell is expected to proceed with Nigeria’s reclassification from ‘Unclassified’ to ‘Frontier Market’ status, with a formal announcement anticipated later this week. According to Nairametrics, sources familiar with the development said the announcement is expected to resolve uncertainty surrounding Nigeria’s planned return to the Frontier Market classification. The reclassification was initially approved during FTSE Russell’s interim review in March 2026 and is scheduled to become effective when trading opens on September 21, 2026. The planned move follows a period of additional scrutiny after FTSE Russell placed Nigeria’s upgrade...